In Quebec, business transfers have become a major economic issue. According to the Regroupement des jeunes chambres de commerce du Québec (RJCCQ), 5.6% of the province's businesses could close by the end of the year due to a lack of buyers. To address this issue, the RJCCQ launched the Repreneuriat Movement, a structuring initiative aimed at raising awareness, equipping, and connecting the next generation of businesses with business transfer opportunities.

A three-part initiative

The Repreneurship Movement is structured around three complementary axes:

1. Raise awareness

The RJCCQ organizes regional events, called "Rendez-vous," to inform young professionals about the challenges and opportunities associated with business takeovers. These meetings aim to demystify the business transfer process and encourage the next generation to consider this entrepreneurial path.

2. Equip

Specialized training is offered to participants, covering topics such as technology asset management, transfer planning, and legal and financial aspects. These modules are designed to effectively prepare future buyers for the challenges they will face.

3. Bind

The Movement promotes meetings between sellers and potential buyers, thus facilitating networking and exchanges. These networking opportunities are essential for establishing relationships of trust and initiating discussions on concrete business takeover projects.

A provincial tour to mobilize the next generation

Since its launch, the Repreneurship Movement has organized several events across Quebec, notably in Rouyn-Noranda, Trois-Rivières, and Brossard. These events have brought together hundreds of participants, demonstrating the growing interest in repreneurship as an alternative to business creation.

A strategic partnership with TRNSFR

TRNSFR, as a platform dedicated to business transfers, shares the objectives of the Repreneurship Movement. By collaborating with the RJCCQ, TRNSFR offers transferors and buyers technological tools to structure and certify their processes, thereby increasing the chances of successful transfers.

Conclusion

The RJCCQ's Repreneurship Movement plays a crucial role in the sustainability of Quebec's entrepreneurial fabric by mobilizing the next generation to address business transfer issues. By combining awareness, training, and networking, this initiative helps ensure a smooth transition between generations of entrepreneurs.